SOURCE: Quantum Corporation

August 18, 2008 08:00 ET

Quantum Announces New 320 Gigabyte Capacity Point for GoVault Data Protection Solution

Enables Small Businesses and Branch Offices to Back Up Critical Data Assets More Cost Effectively and Securely on a Single Removable Hard Drive Cartridge

SAN JOSE, CA--(Marketwire - August 18, 2008) - Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today added a new 320 gigabyte (GB) capacity point for its GoVault™ Data Protection solutions, doubling its previous capacity to offer an even more cost-effective solution for small businesses and branch offices. As the price/performance leader in the removable hard disk market, Quantum is extending the GoVault product line to a broader set of customers by increasing capacity options and significantly lowering the entry-level price point by up to 30 percent across the GoVault family.

The GoVault solution is a fast, simple and highly reliable disk-based, all-in-one storage platform. Its unique Data Protection software application for Windows utilizes a data de-duplication technology to reduce the number of cartridges required for effective backups by up to 20:1. With this de-duplication technology and an expanded choice of capacity sizes ranging from 40 to 320 GB, the GoVault cartridge can hold exponentially more data than traditional, entry-level tape solutions and run backups up to 10 times faster. By only storing changes to files, the GoVault solution also enables backups to be completed in minutes instead of hours with transfer speeds up to 34 megabytes (MB) per second.

"Delivering twice the capacity over previous releases, the GoVault Data Protection Solution better addresses the unique needs of small businesses and branch offices in backing up mission-critical data," said Bruce Anderson, product manager, removable drives for Quantum. "Combining de-duplication, security features and a new 320 GB capacity point, the GoVault family provides customers with an extremely compelling and affordable data protection choice."

The GoVault Data Protection solutions offer small businesses and branch offices the speed, simplicity, reliability, security and affordability needed to back up and protect their important data. Its ruggedized, sealed hard disk cartridges can be removed for offsite data protection, withstand up to a one-meter drop on hard surfaces, and are designed to provide at least a 10-year shelf-life for archiving. Also, the GoVault password protection and encryption feature ensures cartridges are secure for offsite transportation and disaster recovery. In addition to the new 320 GB capacity point, Quantum offers cartridges in 40 GB, 80 GB, 120 GB and 160 GB options prior to compression or data reduction. Docks are available in USB tabletop or SATA internal versions, and all cartridges are interchangeable.

Pricing and Availability

The GoVault Data Protection solutions are immediately available through Quantum and its network of distribution partners, with street prices beginning at about $250 for a complete solution. The new 320 GB removable cartridge has a street price under $300. For more information on the Quantum GoVault family, please visit: www.quantum.com/govault.

About Quantum

Quantum Corp. (NYSE: QTM) is the leading global storage company specializing in backup, recovery and archive. Combining focused expertise, customer-driven innovation, and platform independence, Quantum provides a comprehensive, integrated range of disk, tape, and software solutions supported by a world-class sales and service organization. This includes the DXi™-Series, the first disk backup solutions to extend the power of data de-duplication and replication across the distributed enterprise. As a long-standing and trusted partner, the company works closely with a broad network of resellers, OEMs and other suppliers to meet customers' evolving data protection needs. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.

Quantum and the Quantum logo are registered trademarks of Quantum Corporation. DXi and GoVault are trademarks of Quantum Corporation. All other trademarks are the property of their respective owners.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, without limitation, statements relating to 1) customer benefits and value to customers from using Quantum's GoVault solutions and 2) customer demand for and Quantum's future revenue from such solutions, are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties. As a result, actual results may differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to, operational difficulties, unexpected material deviation in product operation, the ability of competitors to introduce new solutions that compete more successfully with our solutions, unexpected changes in market conditions and unanticipated changes in customers' needs or requirements. More detailed information about these risk factors, and additional risk factors, are set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," on pages 28 to 38 in our Quarterly Report on Form 10-Q filed with the SEC on August 8, 2008 and on pages 12 to 22 in our Annual Report on Form 10-K filed with the SEC on June 13, 2008; and those described in any subsequently filed reports. Such reports contain and identify important factors that could cause actual events and results to differ materially from those contained in our projections or forward-looking statement. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    Sean Lamb
    Public Relations
    Quantum Corp.
    (408) 944-6727
    Email Contact